MaxLinear Inc (NASDAQ: MXL) stock closed at $14.02 on 7/25/24 after a major decline of -37.1%. Moreover, exceptionally high trading volume at 865% of normal accompanied the decline. The stock has declined -44.8% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, MXL is expected to continue to be a Value Builder.
MaxLinear has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. MaxLinear has a neutral Power Rating of 42 but a poor Appreciation Score of 25, producing the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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